News
FTC Opens Antitrust Probe Into Arm Over CPU Licensing
1+ hour, 28+ min ago (283+ words) Arm Holdings Plc, the British chip designer, is facing an antitrust investigation by the US Federal Trade Commission, Bloomberg reported. Arm, whose largest shareholder is Japan's Soft Bank Group Corp. , has sold licenses for chip blueprints as well as its…...
Iran Pushes Back on Trump Threat, Says It Knows How to Respond
1+ hour, 4+ min ago (278+ words) The Iranian government pushed back against US President Donald Trump's warning to Tehran, saying, "We know how to respond." Markets are focused on the possibility that renewed escalation between the US and Iran could increase volatility in **international oil prices…...
a16z-Linked Wallet Buys Another $16. 91 Million of Hyperliquid, Bringing Total Accumulation to $90. 87 Million
1+ hour, 57+ min ago (180+ words) A wallet believed to be linked to venture capital firm Andreessen Horowitz, or a16z, has bought more Hyperliquid's HYPE token, taking its cumulative purchases since April 14 above $90 million. Crypto media outlet Odaily reported on May 18, citing on-chain analytics platform Lookonchain, that…...
Kospi Rises 0. 31% to 7, 516. 04, Reclaims 7, 500 After Sell Sidecar Trigger
2+ hour, 37+ min ago (165+ words) South Korea's Kospi reclaimed the 7, 500 level on May 18, rebounding sharply after an early plunge triggered a temporary halt on program sell orders known as a sell sidecar. Easing concern over a strike at Samsung Electronics helped fuel the recovery. The…...
LINE NEXT's Unifi to Support Japan Stablecoin JPYC From May 22
2+ hour, 8+ min ago (309+ words) LINE NEXT's stablecoin wallet service Unifi will add JPYC, a Japanese yen-based stablecoin, as it moves to expand payment, remittance and rewards functions. The company said it plans to use the government-approved digital yen stablecoin to broaden its financial services…...
China Recovery Stumbles Again as Domestic Demand Shock Deepens
3+ hour, 2+ min ago (591+ words) Warning signs are flashing again for China's economy just as a recovery appeared to be taking hold. A prolonged war in the Middle East has raised costs for companies, while the property slump and weakening household spending have combined to…...
Samsung, Union Extend Labor Mediation Through May 19 Ahead of Final Strike Showdown
4+ hour, 23+ min ago (337+ words) A second round of post-mediation talks at South Korea's National Labor Relations Commission over wage negotiations between Samsung Electronics Co. and its union will continue through May 19. With the union set to stage a general strike on May 21, the talks…...
Hana Bank's Dunamu Stake Purchase Faces Review Under Korea's Separation of Finance and Industry Rules
3+ hour, 40+ min ago (335+ words) Hana Bank's planned acquisition of a stake in Dunamu is under review by South Korean financial authorities, putting the deal's prospects in focus. The Financial Services Commission is examining whether Hana Bank's purchase of a Dunamu stake would run afoul…...
US Spot Bitcoin ETFs See $1. 04 Billion Weekly Outflow, Ending Six-Week Inflow Streak
4+ hour, 4+ min ago (190+ words) US **spot Bitcoin (BTC) ETFs** posted **net outflows** of $1. 039 billion last week, ending a six-week streak of net inflows. **Spot Ether (ETH) ETFs** also recorded **net outflows** of $255 million over the same period. By contrast, **spot Solana (SOL) ETFs** saw…...
Retail Bitcoin On-Chain Activity Hits Record Low as Investors May Shift to ETFs
8+ hour, 9+ min ago (253+ words) Retail investors' on-chain activity in the Bitcoin market has fallen to its lowest level on record, according to an analysis by Crypto Quant. Crypto Quant contributor Darkfost wrote on May 17 that retail Bitcoin deposit flows to Binance are now "effectively…...